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Composition of Tieto’s Shareholders’ Nomination Board

14 September 2016

Tieto Corporation STOCK EXCHANGE RELEASE 14 September 2016, 10.00 EET

Tieto’s Shareholders' Nomination Board comprises four members annually nominated by the largest shareholders and the Chairman of the Board of Directors of the company.

The largest shareholders were determined on the basis of the shareholdings registered in the Finnish and Swedish book-entry systems on 31 August 2016. The shareholders who wished to participate in the work of the Shareholders’ Nomination Board have nominated the following members:

Martin Oliw, Partner, Cevian Capital AB,

Kari Järvinen, Managing Director, Solidium Oy,

Timo Ritakallio, President and CEO, Ilmarinen Mutual Pension Insurance Company,

Satu Huber, Chief Executive Officer, Elo Mutual Pension Insurance Company and

Markku Pohjola, Chairman of the Board of Directors, Tieto Corporation.

The representative of the largest shareholder shall act as Chairman unless otherwise decided by the Shareholders' Nomination Board.

The Annual General Meeting 2010 of Tieto Corporation decided to establish a Shareholders’ Nomination Board for the time being. The Nomination Board prepares proposals for the election and remuneration of the chairman and members of the Board of Directors to the Annual General Meeting. The charter of the Nomination Board is available on the company’s website at

For further information, please contact:  

Jouko Lonka, General Counsel, tel. +358 20 727 8182, +358 400 424 451, firstname.lastname (at)

NASDAQ OMX Stockholm
Principal Media

Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems.  

Headquartered in Finland, Tieto has over 13 000 experts in close to 20 countries. Tieto’s turnover is approximately EUR 1.5 billion and shares listed on NASDAQ in Helsinki and Stockholm. 

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